Shiba Inu

Bone ShibaSwap

In a surprising turn of events, a dormant Shiba Inu wallet emerged after 2.2 years of inactivity to play a significant role in burning 113 million SHIB tokens. <a href="https://www.shibburn.com/" rel="noopener noreferrer nofollow">Data</a> from the Shibburn platform, a system dedicated to tracking SHIB burn transactions from Etherscan, revealed that over the past 24 hours, a whopping 112.9 million SHIB tokens were incinerated.A lion&#39;s share of this recent burn came from a previously silent SHIB wallet, which sent a staggering 77,524,940 SHIB to an unspendable address just eight hours ago. Intriguingly, this wallet has been active a mere three times, with its inaugural <a href="https://etherscan.io/address/0xf19fe8c0a8e63a92d2f1f1265aca1be3ec133bfd" rel="noopener noreferrer nofollow">transaction</a> dating back 813 days and 20 hours, roughly 2.2 years ago.This recent burning spree has escalated the SHIB burn rate by 392.27%. Another analytics platform, CryptEye, furnished <a href="https://www.crypteye.io/burntracker/coins/shiba-inu" rel="noopener noreferrer nofollow">data</a> showcasing the SHIB community&#39;s recent burning endeavors. The community has obliterated almost 1.97 billion SHIB tokens in the past month and an astounding 26.46 billion SHIB over the last six months.In anticipation of Shytoshi Nakamoto and his team unveiling the Shibarium mainnet, significant SHIB burns are on the horizon. Post Aug. 16, after the conclusion of the Blockchain Futurist Conference in Toronto - where SHIB would be a prominent sponsor, and Kusama is slated to deliver a speech through AI - the new mainnet would witness BONE as its official gas token. A BONE segment of transaction fees would be converted to SHIB, destined for dead-end wallets. This integration forecasts trillions of Shiba Inu tokens being burned every week by its dedicated community.Read full article at <a href="https://cryptotale.org/dormant-shib-whale-helps-burn-113-million-shiba-inu-tokens/" rel="noopener noreferrer nofollow">CryptoTale.</a>

Dormant SHIB Whale Helps Burn 113 Million Shiba Inu Tokens

CryptoTale

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